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Sing Pao Media Enterprises (HKSE:08010) Financial Strength : 0 (As of Dec. 2014)


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What is Sing Pao Media Enterprises Financial Strength?

Sing Pao Media Enterprises has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Sing Pao Media Enterprises did not have earnings to cover the interest expense. Sing Pao Media Enterprises's debt to revenue ratio for the quarter that ended in Dec. 2014 was 0.00. As of today, Sing Pao Media Enterprises's Altman Z-Score is 0.00.


Competitive Comparison of Sing Pao Media Enterprises's Financial Strength

For the Publishing subindustry, Sing Pao Media Enterprises's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sing Pao Media Enterprises's Financial Strength Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sing Pao Media Enterprises's Financial Strength distribution charts can be found below:

* The bar in red indicates where Sing Pao Media Enterprises's Financial Strength falls into.



Sing Pao Media Enterprises Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Sing Pao Media Enterprises's Interest Expense for the months ended in Dec. 2014 was HK$-6.41 Mil. Its Operating Income for the months ended in Dec. 2014 was HK$-6.97 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was HK$0.00 Mil.

Sing Pao Media Enterprises's Interest Coverage for the quarter that ended in Dec. 2014 is

Sing Pao Media Enterprises did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Sing Pao Media Enterprises's Debt to Revenue Ratio for the quarter that ended in Dec. 2014 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2014 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 48.216
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Sing Pao Media Enterprises has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sing Pao Media Enterprises  (HKSE:08010) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Sing Pao Media Enterprises has the Financial Strength Rank of 0.


Sing Pao Media Enterprises Financial Strength Related Terms

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Sing Pao Media Enterprises (HKSE:08010) Business Description

Traded in Other Exchanges
N/A
Address
SMI Publishing Group Ltd., along with its subsidiaries, is active in the field of publishing and engaged in the publication of newspapers, magazines and books. The principal activities of the Company are publication of newspapers and books; and provisions of advertising and promotion services.

Sing Pao Media Enterprises (HKSE:08010) Headlines

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